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    Difference between a Material Person's Lien and Mortgage

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    What is the difference between a Material Person's Lien and Mortgage? What is the process to get a Material Person's Lien? Provide a situation where you might come across one of these liens.

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    https://brainmass.com/business/accounting/difference-material-persons-lien-mortgage-281300

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    A Material Person's Lien applies to both personal and real property and refers to the right for an entity to retain the lawful possession of another until the legal obligations of the person who owns the property is fulfilled (i.e. the property owner pays the legal charges that she owes the worker). A material person's lien is most commonly known as a mechanic lien or a construction lien. It is also sometimes referred to as a materialman's lien or supplier's lien-where it applies to those supplying materials. It is also called a design ...

    Solution Summary

    The solution provides a discussion of different types of liens.

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